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Lenders nod to Bhushan Steel for Rs 30K crore loan restructuring

Last Updated: Wednesday, July 8, 2015, 21:05

Bhushan Steel Ltd (BSL) has received lenders' approval for long-term restructuring of about Rs 30,000 crore loans under a scheme of Reserve Bank of India.

Bhushan Steel shares soar 20% on bourses

Last Updated: Friday, June 5, 2015, 17:37

Shares of Bhushan Steel on Friday surged 20 percent after the company said the Joint Lenders Forum have approved its plan for a long-term restructuring of the loans.

Bhushan Steel shares soar 20% on bourses

Last Updated: Friday, June 5, 2015, 16:52

The stock zoomed 19.92 percent to Rs 60.50, its highest trading permissible limit for the day on the BSE.

Bhushan Steel's Q4 net loss widens to Rs 360.77 cr

Last Updated: Wednesday, May 27, 2015, 22:38

Bhushan Steel Wednesday posted a standalone net loss of Rs 360.77 crore for the fourth quarter ended March 31, 2015.

Bhushan Steel in talks with banks for debt restructuring

Last Updated: Thursday, March 19, 2015, 17:53

Bhushan Steel has said it is in talks with banks for restructuring of debt to the tune of USD 3.7 billion (about Rs 23,000 crore).

Banks may extend Bhushan Steel's nearly $6 bn loan

Last Updated: Wednesday, March 18, 2015, 20:34

Banks owed nearly $6 billion by Bhushan Steel Ltd could extend the maturity of the steelmaker`s debt under a Reserve Bank of India scheme that would spare the lenders from booking hefty provisions, bankers said.

Odisha issues closure notice to Bhushan plant

Last Updated: Wednesday, November 20, 2013, 19:45

Odisha directed the Bhushan Steel Ltd to shut down its units in Dhenkanal district, after a worker died and several others were left injured when a blast furnace exploded seven days ago.

Centre seeks report on BSL accident

Last Updated: Tuesday, November 19, 2013, 17:46

Asking the Odisha government to submit a report on the fire and explosion at Bhushan Steel Limited`s plant at Meramundali in Dhenkanal district, the Centre sent officials to inquire into the accident.

Prohibitory orders clamped around Odisha`s Bhushan plant

Last Updated: Monday, November 18, 2013, 23:59

Prohibitory orders were clamped around the main gate of Bhushan steel plant in Odisha`s Dhenkanal district Monday.

One killed, 15 injured in fire at pvt steel plant in Odisha

Last Updated: Wednesday, November 13, 2013, 23:11

One person was killed and 15 others injured on Wednesday in a fire and an explosion at the private Bhushan Steel Plant plant in Odisha`s Dhenkanal district.

Fire at Bhushan Steel Plant; 1 killed, 15 injured

Last Updated: Wednesday, November 13, 2013, 15:28

One person died and at least 15 others were injured, many of them seriously, when a fire broke out at a private steel plant in Odisha`s Dhenkanal district.

Bhushan Steel Q3 net down 20% at Rs 221.20 cr

Last Updated: Saturday, January 19, 2013, 22:02

The city-based firm had reported a net profit of Rs 276.62 crore during the corresponding quarter of the previous fiscal.